5715 N Kings Hwy
AlexandriaVA22303
Cheap Apartments for Rent in the Penn Draw Neighborhood of Alexandria, VA from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Draw area of Alexandria.
close
View Me
from $1,5041 to 3 Bedroom Apartments Available Now
Meadow Woods
3308 Lockheed BlvdAlexandria, VA 22306
close
View Me
from $1,5051 to 3 Bedroom Apartments Available Now
Mount Vernon Square Apartment Homes
2722 Arlington DrAlexandria, VA 22306
close
View Me
from $1,525Studio to 3 Bedroom Apartments Available Now
Cityside Huntington Metro
6034 Richmond HwyAlexandria, VA 22303
6641 Wakefield Dr
AlexandriaVA22307
6621 Wakefield Dr
AlexandriaVA22307
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
from $1,6111 to 3 Bedroom Apartments Available Now
The Residences at North Hill
7201 Richmond HwyAlexandria, VA 22306
close
View Me
from $1,670Studio to 3 Bedroom Apartments Available Now
Beacon Hill
3100 Southgate DrAlexandria, VA 22306
818 Jefferson St
AlexandriaVA22314
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
814 Jefferson St
AlexandriaVA22314
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
close
View Me
close
View Me
Showing Results 1-20, Page 1 of 1
Penn Draw, Alexandria, VA Local Guide
How much does it cost to rent an apartment in Penn Draw?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Draw Studio Apartments | $2,403 | $1,507 | $7,476 |
| Penn Draw 1 Bedroom Apartments | $2,621 | $1,000 | $10,000+ |
| Penn Draw 2 Bedroom Apartments | $3,205 | $1,760 | $10,000+ |
| Penn Draw 3 Bedroom Apartments | $3,704 | $2,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Penn Draw Neighborhood of Alexandria, VA.
See all Apartments in AlexandriaExplore Alexandria
Penn Draw, Alexandria, VA Local Guide
- Nearby Alexandria neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Penn Draw Apartments for Rent
The cheapest available apartment rental in the Penn Draw area of Washington, VA is a 1 Bed unit found at Meadow Woods priced from $1,504. Mount Vernon Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,505. Here are the most affordable Penn Draw apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Woods | Patrick Henry | 1BR,1BA | $1,504 |
| Mount Vernon Square Apartment Homes | One Bedroom - 735 sqft | 1BR,1BA | $1,505 |
| Riverside Apartments | Studio-Classic Executive S1B | Studio,1BA | $1,507 |
| Cityside Huntington Metro | Studio | Studio,1BA | $1,525 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $1,611 |
Best Value Apartments for Rent in Penn Draw, VA
As of June 05, 2025 the best value apartment in the Penn Draw area is the $2.11 price per square foot 1Bedroom Den 1Bathroom Model at Kings Gardens in the in the Penn Draw neighborhood starting from $1,748. The second greatest value Penn Draw apartment is the 2 Bedroom Model at Haven Huntley Meadows starting at $1,950 with a $2.39 price per square foot in the Woodley Hills neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.11 |
| Haven Huntley Meadows | 2 Bedroom | 2BR,1BA | $2.39 |
| The Reserve at Eisenhower | The Allison | 1BR,1BA | $2.84 |
| The Shelby | One Bedroom | 1BR,1BA | $2.79 |
| Lafayette Apartments | 1 Bedroom | 1BR,1BA | $2.43 |
| Meadow Woods | Woodlawn | 1BR,1BA | $2.48 |
| The Courts at Huntington Station | One Bedroom A1B2 | 1BR,1BA | $2.84 |
| Mount Vernon Square Apartment Homes | One Bedroom - 665 sqft | 1BR,1BA | $2.19 |
| Cherry Arms | 1Bedroom 1Bathroom | 1BR,1BA | $2.61 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.41 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Penn Draw area?
If you’re an expert on all things Penn Draw, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePenn Draw, Alexandria, VA
Ranked #31
Among neighborhoods in Alexandria, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Penn Draw, Alexandria, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Penn Draw Apartments
What is the Cheapest Studio apartment in Penn Draw?
Currently the most affordable Cheap Studio Apartment in Penn Draw is at Riverside Apartments listed at $1,507.
How much is rent for a Cheap One Bedroom Penn Draw Apartment?
The lowest price for a Cheap One Bedroom Penn Draw Apartment is $1,504 at Meadow Woods.
What is the lowest price for a Cheap Two Bedroom Penn Draw Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penn Draw is starting from $1,760 at Mount Vernon Square Apartment Homes.
What is the most affordable Penn Draw Three Bedroom Apartment?
The best deal on a cheap Penn Draw Three Bedroom Apartment rental is at The Residences at North Hill and starts from $2,218.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.